Immediately earnings accretive with deployment on a time charter contract

Eighth vessel to be delivered in a fleet of nine, with the remaining one last
vessel to be delivered in Q1 2016

The Company has taken delivery of a 37,000 deadweight tonne ("dwt") Handysize bulk carrier on 2 March 2015.

The vessel was acquired in April 2013 and was built by Japan's Imabari Shipbuilding Co., Ltd. Ltd. The vessel was immediately deployed on time charter upon delivery.

The Company entered into a loan agreement with Mitsubishi UFJ Lease & Finance Company Limited for a loan facility of US$18.12 million and it was fully utilised to finance vessel acquisition cost.

This is the eighth vessel to be delivered out of nine vessels acquired by Uni-Asia Shipping since its establishment in April 2010. The remaining one last vessel, which is also 37,000 dwt Handysize bulk carriers, will be delivered in Q1 2016.

Immediately earnings accretive with deployment on a time charter contract

Seventh vessel to be delivered in a fleet of nine, with the remaining two
vessels to be delivered between March 2015 and Q1 2016

The Company has taken delivery of a 37,000 deadweight tonne ("dwt") Handysize bulk carrier on 9 February 2015.

The vessel was acquired on 3 March 2014 and was built by Japan's Imabari Shipbuilding Co., Ltd. Ltd. The vessel was immediately deployed on time charter upon delivery.

The Company entered into a loan agreement with Mega International Commercial Bank Co., Ltd., Offshore Branch for a loan facility of US$17.76 million and it was fully utilised to finance vessel acquisition cost.

This is the seventh vessel to be delivered out of nine vessels acquired by Uni-Asia Shipping since its establishment in April 2010. The remaining two vessels, which are also 37,000 dwt Handysize bulk carriers, will be delivered between March 2015 and Q1 2016.

Immediately earnings accretive with deployment on a time charter contract

Sixth vessel to be delivered in a fleet of nine, with the remaining three vessels to be delivered between 2015 and 2016

The Company has taken delivery of a 37,000 deadweight tonne ("dwt") Handysize bulk carrier on 31 July 2014.

The vessel was acquired in April 2013 and was built by Japan's Imabari Shipbuilding Co., Ltd. The vessel was immediately deployed on time charter upon delivery.

The Company entered into a loan agreement with NTT Finance Corporation for a loan facility of US$19.2 million and it was fully utilised to finance vessel acquisition cost.

This is the sixth vessel to be delivered out of nine vessels acquired by Uni-Asia Shipping since its establishment in April 2010. The remaining three vessels, which are also 37,000 dwt Handysize bulk carriers, will be delivered between 2015 and 2016.

28Mar

Uni-Asia Shipping strengthens its capital base by increasing paid-up capital to US$41 million

The Company has filed an increase in its issued and paid-up share capital from US$36 million to US$41.07 million by issuing 287 ordinary shares of US$17,666.00 each to Uni-Asia Holdings Limited, its Singapore listed parent company, on 28 March 2014.

The increase in the share capital is for the purposes of vessel acquisition projects, including one bulk carrier delivered in June 2013, one bulk carrier to be delivered in July 2014 and one bulk carrier to be delivered in the 1st quarter 2015.

4Mar

Uni-Asia Shipping added one new vessel, its ninth vessel

Potential to further strengthen the Company’s earnings profile through larger of recurring charter income

To be owned by a new Panama-incorporated 51% owned subsidiary

To be delivered in the 1st quarter 2015, together with the three 37,000 dwt Handysize bulk carriers acquired in 2013, it will boost the company's fleet to a total of 9 vessels

The company had acquired three new build 37,000 deadweight tonnes (“dwt”) Handysize bulk carriers from Imabari Shipbuilding Group in 2013, which are to be delivered between 2014 and 2016. The Company agreed to acquired additional one new build 37 dwt Handysize bulk carrier with Imabari Group on 3rd March 2014, resulting in the increase of the total number of new acquisitions from three to four.

The vessel will be delivered in the 1st quarter 2015 and be owned by a new Panamanian subsidiary, in which the Company has 51% interest.

With the addition of this new vessel, Uni-Asia Shipping will own a total of 9 Handysize bulk carriers.

Immediately earnings accretive with deployment on time charter contract

Fifth vessel to be delivered in a fleet of eight, with the remaining three vessels to be delivered between 2014 to 2016

Represents Uni-Asia's core strategy of boosting profitability by building a strong recurring income base

The Company has taken delivery of a 37,000 deadweight tonne ("dwt") Handysize bulk carrier.

The vessel was acquired in January 2011 and was built by Japan's Onomichi Dockyard Co. Ltd. The vessel was successfully delivered on 19 June 2013 and was immediately deployed on time charter.

This is the fifth vessel to be delivered out of eight vessels acquired by Uni-Asia Shipping since its establishment in April 2010. The remaining three vessels, which are also 37,000 dwt Handysize bulk carriers, will be delivered between 2014 to 2016

10
June

Uni-Asia Shipping strengthens its capital base by increasing paid-up capital to US$36 million

The Company has filed an increase in its issued and paid-up share capital from US$25.5 million to US$36.0 million by issuing 1,050 ordinary shares of US$10,000 each to Uni-Asia Holdings Limited, its Singapore listed parent company on 3 June 2013.

The increase in the share capital is for the purposes of acquisition four vessel acquisition projects, including one bulk carrier to be delivered in June 2013 and three bulk carriers to be delivered between 2014 and 2016.

25
April

Uni-Asia Shipping expands shipping fleet, acquires three new build vessels for US$73 million

Potential to strengthen the Company's earnings profile through larger base of recurring charter income

To be delivered between 2014 and 2016, the three 37,000 dwt Handysize bulk carriers will boost the company's fleet to a total of 8 vessels

The Company has acquired three new build 37,000 deadweight tonnes ("dwt") handysize bulk carriers for a total consideration of US$73 million.
The Company has entered into contracts with the Imabari Shipbuilding Group on 25 April 2013 to acquire three vessels, which will be held under three new wholly-owned Panama incorporated subsidiaries. The vessels are to be built by Imabari Shipbuilding Co., Ltd. Delivery of the vessels is scheduled between 2014 and 2016. The Company is negotiating with potential Charterers to secure charter contracts for the three vessels, and will finalize the financing options after further discussions with third party financial institutions.
With the addition of the three new vessels, Uni-Asia Shipping will own a total of 8 Handysize bulk carriers.